Bill > HB406

This bill establishes new regulations to prevent fraudulent business formations in New Hampshire by creating a comprehensive set of requirements for business registrations. The bill introduces a registry of registered agents with specific qualifications, such as requiring individual agents to be at least 18 years old and New Hampshire residents, and ensuring that business entity agents are in good standing with the secretary of state. It prohibits using commercial postal box providers or virtual office services as registered office addresses, which helps prevent businesses from concealing their true physical location. The bill also expands the secretary of state's powers to verify and prevent fraudulent business formations by allowing individuals and businesses to submit sworn statements if they suspect unauthorized use of their identity or business information. Additionally, the bill makes it illegal to include a person's name on business documents without their consent and prohibits filing documents without proper authorization. Corporations are now explicitly allowed to restate their articles of incorporation, and the bill defines terms like "New Hampshire business registry" and "registered business entity" to provide clarity. Violations of these provisions can result in penalties, and the bill is designed to enhance the integrity and transparency of business formations in the state. The new regulations will take effect on January 1, 2026, giving businesses and the secretary of state time to prepare for the changes.

Business and Industry

https://gc.nh.gov/bill_status/legacy/bs2016/bill_docket.aspx?lsr=0850&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB406